Mercedes-Benz Power and Lohum have signed a strategic partnership for a multi-year provide contract settlement for second-life batteries.

Underneath the settlement, Lohum will turn into Mercedes-Benz Power’s first companion in Asia, the place it is going to devour a minimal of 50MWh per 12 months in a number of 2nd life module variants. The businesses have been working collectively for about two years. The settlement will allow Lohum to safe high-volume second-use battery modules from Mercedes-Benz Power.

At the moment, Lohum develops second-life functions primarily targeted on India’s fastened and non-automated cellular storage markets. Mobility functions embody low-power functions akin to electrical rickshaws and stationary functions starting from small 6KWh batteries to bigger 1MWh storage methods.

Gordon Gassman, CEO of Mercedes-Benz Power, mentioned, “Lohum thinks of second life very in a different way from most firms. Theirs is a really long-term focus with a eager understanding that one of many largest challenges for a second life is the unpredictability of uncooked materials sourcing and composition. Lohum develops experience and functions in a number of module variants to create a long-term provide funnel. This flexibility and mannequin unlocks worth for each events and defines the innovation and reliability we search for in strategic partnerships.”

Justin Lemmon, Lohum Co-Founder and Head of Worldwide Operations, mentioned, “Mercedes-Benz Power’s second lifestyle mannequin is essentially the most superior we have now ever seen. Along with their willingness to frequently take a look at new collaboration alternatives, they’re constructing infrastructure and capabilities to maximise sustainability and worth for used stock. Second life remains to be very a lot in improvement and Mercedes-Benz Power’s creativity, course of and dedication to security have helped us increase our enterprise considerably.”

As well as, when these second life modules attain the tip of their life, Lohum gives a buyback assure for recycling by way of its hydromet plant.

Mercedes-Benz Power has entry to used stock worldwide. Mixed with Lohum’s current footprint in Asia and its entry into the US market, firms proceed to grab new cooperation alternatives throughout areas.